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Impactinvesting assets under management worldwide have reached $1.164 trillion, according to an estimate in a new report by the Global ImpactInvesting Network (GIIN), surpassing the trillion-dollar mark for the first time.
Part of this revolution is the meteoritic growth of greenbonds, which were started in 2007 by the World Bank and the European Investment Bank. If growth was slow from the first greenbond issuance to 2012, things have accelerated since. Greenbonds are indeed often oversubscribed due to their success.
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